TIGER SOFTWARE's
Elite Stock Professional Service (ESP)
6/22/2007
(c) 2007 William Schmidt, Ph.D.**
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Suggestions:
Comments here are meant to suggest the aspects of chart analysis
that may be helpful to you. In a few cases, I may have long or short
positions in some of these stocks. But the positions are small and
I am just as likely to buy these stocks later next week, especially
if they act well.
The market is up too much to buy laggards now. Below are new highs
with an AI/200 over 150 and an IP21>.50
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*BUYS*
AI/200 Symbol Close Change Comments
------ ------- ----- ------ --------
200 CRH 49.94 -.20 At rising 21-day ma...
IP21=.12 ... ITRS=.08
200 HEW 31.82 -.24 NH OBV confirms. IP21=.45
ITRS<0. Hewitt Accociates
200 VWO 91.20 -1.30 confirmed NH this week. IP21=.35
.... Vanguard Emerging Markets.. Steady advance.
170 RCCC Rural Cellular 40.02 +.83 Breakout was at 18 in April.
150 KTEC Key Technology 23.10 +1.70 Breakout at 21.75 confirmed. IP21=.35
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*SHORT SALES:*
Symbol Close Comments
------ ------ ----- -----------------------------------------------------
CBC Century Bank 27.40 -.44 - Bearish Special Situation
4/2/2007
CPWM Cost Plus 7.74 -.55 IP21<TISI
HOV Hovanian 18.20 -.54 IP21=.45
MBHI Midwest Banc 15.07 -.14 IP21=-.25 (
MTH Meritage Corp 27.95 -.92 IP21=-.30
NNP 14.45 -.05 IP21=-.50 )
PHM Pulte Home 33.00 -.56 IP21=-.20
PZC 15.24 -.12 IP21=-.50 (
________________________________________________________________________________________
*** Abbreviations:***
price versus 50 day ma
AR = Above rising 50-dma (Bullish)
ATH = All-time high
BF = Below Falling 50-dma (Bearish)
Current IP21 vs (TISI) 21-day ma of IP21
A = above
U = Under (Bearish)
SS = Sell Short
BO = Breakout
NC = OBV non-confirmation.
IP21=current Accum Index.
TISI = 21-day ma of IP21.
..........................................
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Highest AI/200 Stocks: AI/200>190, Above Rising 50-day ma, over $10
These are stocks that institutions are buying heavily for 1-3 year gains.
They should find plenty of support at key moving averages.
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200 ALD Sllied Signal 31.54 +.47 33 is 4x tested resistance.
OBV is strong.
200 APRO 22.54 +.44 23 is recent high.
OBV is weak. IP21=.35V
-
***200 CRH 49.94 -.20 At rising 21-day ma... Red Buy
IP21=.12 ... ITRS=.08
200 GMA 22.84 very slow moving... Below 200-day ma
Good OBV and IP21=.35 ITRS=-.10
***200 HEW 31.82 -.24 NH OBV confirms. IP21=.45 (Buy)
ITRS<0. Hewitt Accociates
200 SCI 12.76 -.22 14=12 mo high. IP21=.05
Below 50-day ma
***200 VWO 91.20 -1.30 confirmed NH this week. IP21=.35 (Buy)
.... Vanguard Emerging Markets.. Steady advance.
'---------------------------------------------------------------------------------
199 CEVA 8.50 +.01 NH OBV NC IP21=.20
199 ILF 220.46 +5.01 Powerful Uptrend...
IP21=.125 NH - OBV lagging.
IShares SO-Latin America..
199 ILF 215.80 -2.30 IShares Latin America ITRS=.09 IP21=.15
199 GPX 10.97 +.17 IP21=.40...
NH not confirmed by OBV
NH OBV confirming GP Strategies
http://www.gpstrategies.com
GP Strategies Corporation, through its subsidiaries, provides
training, engineering, and consulting services.
199 ELOY 22.07 -.93 BR On Sell... OBV stronger than price
... IP21=.40
26 is resistance.
3 months ago IP21 surged above .60 on new high.
Augmented B24 was on 1/12/07 = 21.91
199 SYK 66.36 +1.46 sTRYKER cORP. Automatic Buys' Gains=43.7%
Below 50-day ma .
199 VPL 70.09 -1.19 OBV is lagging. On red Sell. IP21=.20
Vanguard Pacific
'--------------------------------------------------------------------------------------
198 APAGF Apco Argentina 85.45 IP21<0
99=12 mo high.. Below rising 200-day ma
198 CW 46.13 -.21 5-day stoch. =85.8% On sell IP21=.04
. Curtiss Wright ...Steady uptrend.
198 OME 8.69 +.17 IP21=.05
198 XLV Health Care Select IP21=.02 BR
'--------------------------------------------------------------------------------------
IP21=.30
199 CNMD 29.05 -.29 Red Sell IP21<0
197 FMS 45.37 -.55 Below rising 200-day ma IP21=0
Fresenius Medical
197 NWK Network Equipment 9.13 IP21<0 Below 50-day ma
11.1=12 mo high.
197 EWZ 61.21 -1.13 ETF Brazil OBV NC IP21=.10 ITRS=.12
197 WVCM 35.52 +.02 Strong uptrend. IP21=.20
198 TI 27.93 Telecom Italia. Red Buy!
Below all key ma.. ITRS<0...IP21=.15
'---------------------------------------------------------------------------
196 EFD 34.88 -.36 NH confirmed...IP21=.40
Efunds Corp ... Breakout was at 29.
Note red (high volume) gap.
At rising 21-day ma
***196 CCBL 13.96 -.58 15 is 12 month high OBV near NH.
IP21=.20 C-Cor Inc.
Breakout over 15 would be bullish WATCH
195 MATW 43.80 +.25 IP21<0 Strong OBV Matthew's Intern
... Matthews International ,,, Up from 50-day ma-Red Buy
196 XLV 36.07 +.08 At rising 50-d ma IP21=.120
Strong OBV confirming NH.
SPDRs Health Sector
196 MTN 61.84 -1.11 IP21=.12 Down from upper band. Strong.
Vail Resorts 6/11/2007 Bullish Special Situation.
196 MX 58.11 -.69 IP21<0. OBV is strong.
4/20/2007 - Bullish Special Situation
***196 VGR 22.15 +.50 IP21=.26 PBV confirming NHs (Buy)
'--------------------------------------------------------------------------------------
195 ASG 5.73 IP21=.55 Good OBV... 5.81=12 mo high. slow
195 CAE 80.48 -3.14 IP21=.35 OBV running to NHs too.
Note flat topped breakout, pullback and run!
--------------------------------------------
***195 KYO 102.54 -1.20 OBV confirming NHs IP21>.25 (Buy)
195 IWM 82.99 -.53 New Red Buy...IP21=.080 Russel 2000
195 NBG 11.23 +.21 AR Earlier B24 OBV is lagging
Natl Bank of Greece.
Near recent high. IP21=.25
195 QADI 8.19 -.03 IP21=.01 Back in support zone.
195 SYK 63.53 -1.59 IP21<0... below falling 50-day ma
69.5 =12 mo high. On Buy.
ITRS<0 Stryker
197 WVCM 35.52 +.02 Up from 16 in January...
IP21=.18 OBV confirming... Running.
Wavecom SA - 3 Esplanade Du Foncet
Issy-Les-Moulineaux, 92442
France
Web Site: http://www.wavecom.com
'---------------------------------------------------------------------------------------
194 HEIA 35.36 -.28 IP21<0
... Heico Corp. Breakout was at 34.
194 ITU 44.41 -.88 IP21<0. On red Sell.
'---------------------------------------------------------------------------------------
193 ATX 11.25 -.15 At upper band ST IP21=.01 Strong OBV
193 IDC 27.10 IP21<0 BR
193 PRA 55.32 IP=.05 At risign 50-dma
193 UFCS 34.65 -.73 Below 200-day ma IP21=.10
'----------------------------------------------------------------------------------
195 BG 81.52 +.10 85=12 mo high
30.5=12 mo high. ... Interactive Data Corp.
192 JQC 13.10 -.1- Below rising 200-day ma
Nuveen Income Fund below all key mas
A warning interest rates are rising.
192 LR 44.30 +.16 44/4-=12 mo high. OBV lagging IP21=.10
192 MW 50.81 -.77 Men's Wearhouse OBV NC of NH
192 MATW 43.01 -.42 IP21<0 On red Sell. At rising 50-dma IP21<0
192 TTC 57.67 -.72 Toro IP21=.15 Strong OBV
'--------------------------------------------------------------------------------
***191 ABB 22.39 -.01 NH OBV confirming. IP21=.20
B24 - 10/27/06 = 15.01 STEADILY UP! (Buy)
191 ANZ 124.05 -.68 Australia & NZ Banking 132=12 mo high.
191 AMK 23.93 -.03 NH not confirmed. IP21=.25
***191 CAFE 2.15 IP21=.5 At support of 50-day ma (Buy)
***191 CLDA 21.70-.23 IP21=.30 Strong OBV AR
Red Sell. 23 is right shoulder apex.
This looks strong technically. Buy at 20.25
191 DMC 12.69 +.53 13.5=12 mo high IP21=.30
191 EWL 26.12 -.12 BR
191 IJR 72.70 +.80 IP21=.020..Red Buy
... 73.5=12 mo high IShares Small Cap
191 GT 34.67 IP21<0 Goodyear Tire
191 55.90 -.79 IP21<0 and below 200-day ma
'---------------------------------------------------------------------------------------
190 DAVE 21.79 -.35 Strong uptrend. NH confirmed. IP21=.05
... Famous Dave's of America
190 DNB 99.71 -2.29 On red Sell. IP21=.25 Dun & Bradstreet
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*CONFIMED NEW HIGHS*
OBV should confirm NH
IP21 should be >.25 ... Better is IP21>.50 and under <.80.
AI/200 should be above 138 ... Better is AI/200 >150.
Red high volume & gaps confirm the breakout.
Stocks should probably be over $10 unless you watch them closely.
ITRS>-.04 and under .80
Notes: Many times a flat topped breakout that is exactly defined and well-tested
brings a quick move of 15%. Of the conditions above, the least important is
probably the AI/200 value being above 140. ITRS should be above -.04.
Look at CHDX. This shows the importance of an earlier IP21 bulge above .50
or even .60 if the OBV confirms. Piggy-back pattern are just above the
flat topped pattern mean much higher prices. See also CUBA, IGLD, RYAAY for same reason.
Screened using "NEWHIGH" plus "IP21OV25".
Point of breakout tells you where to expect support on first decline.
Look also for OBV confirmations, gaps and high volume.
OBV confirming unless stated.
AI/200 Stock Close IP21>.25 unless stated
====== ====== ===== ================================
***165 ACN Acuson 42.63 +.86 IP21=.45 NH confirmed (Buy)
138 AKSteel AKS 38.45 +1.23 IP21=.20
135 Astronics ATRO 30.70 +1.62 IP21-.20 NH comfirmed
179 BF Aerospace BEAV 40.69 +.98 IP21=.40 OBV confirming.
180 General Cable BGC 78.35 +.63 IP21=.25 At upper band.
ITRS=.35
176 LaCrosse Footwear BOOT 18.99 +.88 IP21=.35 Breakout at 18.
147 Frontier Oil FTO 45.54 +1.12 IP21=.25
***150 Key Technology KTEC 23.10 +1.70 Breakout at 21.75 confirmed. IP21=.35 (Buy)
***146 LPHI 35.31 +.73 IP21=.55 B12 Up from 20 in May.
Study breakout at 20.
142 Schlumberger SLB 89.20 +3.44Running again. IP21=.25
153 IdeWater TDW 71.68 +.27 IP21=.20|
186 Terra Industries TRA 23.78 +.56 IP21=.10
196 VGR 22.15 +.50 IP21=.30 OBV confirming.
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*BUY B12s *- IP21>.45 and ITRS>.30 and AI/200>100 and NH
BULLISH B12'S Many times a B12 will retreat back to its rising 50-day
ma and then take off. Consider the case of STV in June. On the other hand,
if a B12 occurs on a line formation breakout, do not look for a pullback for a while.
See this in USLM in February. The best B12s occur with the stock making a new high.
Previous week's B12 should be bought on pullbacks to rising mas and at point
of breakout. IP21 should be greater than 147 in this environment. Buy B12 AI/200 must equal at least 120. NH must be occurring
B12 recently AI/200
============ =======
AMK 188 23.93 -.03
IAX 111 6.36 -.14
LPHI 146 35.31 +.73 running. Breakout at 20
PHX 153 28.50 +.50 OBV is lagging
***RCCC Rural Cellular 40.02 +.83 Breakout was at 18 in April.
WSCI WSI Industries 148 5.98 -.01 Breakout was at 5.5
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BEARISH Stocks Many times beaten down stocks get a boost when
tax-loss selling lifts at end of year. So, be careful here.
Look at AMD, ANPI and ANPL. One of best places to short a weak stock is after it
drops back below 50-day ma and its IP21 drops below its TISI (the
21-day ma of its IP21. IP21 = the current value of the Accum Index.
ITRS should be below -.10. Best to watch ITRS, too. Short sales should
normally be in ITRS downtrends.
New Lows (NL) and "Bearish" and Top Patterns and violations of key MAs
IP21 should be below TISI (falling IP21) or below -.25
Watch ITRS. ITRS downtrend is very useful. OBV need not confirm a new low.
In a strong market, it is often best to simply use a Buy Stop above|
21-day ma.
New Lows over $5.00
AI/200 Comments
------ ---------
***AF 25.19 -.35 OBV NC ITRS<0 for whole year! (SS)
***CBC Century Bank 27.40 -.44 SS - Bearish Special Situation
4/2/2007
***CPWM Cost Plus 7.74 -.55 SS IP21<TISI
***HOV Hovanian 18.20 -.54 SS IP21=.45 (SS)
***MBHI Midwest Banc 15.07 -.14 IP21=-.25 (SS)
***MTH Meritage Corp 27.95 -.92 IP21=-.30 (SS)
***NNP 14.45 -.05 IP21=-.50 (SS)
***PHM Pulte Home 33.00 -.56 IP21=-.20 (SS)
***PZC 15.24 -.12 IP21=-.50 (SS)
SBUX Starbucks 25.54 -.72 IP21<Tisi
What does it mean when Starbucks makes a new low.
***TAYC 27.02 -.57 IP21=--.35
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